One major part of the opportunity costs of one's decision to go to college after high school graduation is the
A) additional income that one can get if one had a college degree.
B) education that one gets while in college.
C) high-school diploma needed in order to apply for college.
D) full-time job that one could have gotten instead of going to college.

Question

Quizplus · Accepted Answer

The opportunity cost of going to college after high school graduation is the income that one could have earned if they had chosen to work full-time instead of going to college. This is because going to college involves both direct costs (such as tuition and fees) and indirect costs (such as not being able to work full-time and earn income). The potential income that is foregone as a result of choosing to go to college represents a significant opportunity cost.

One Major Part of the Opportunity Costs of One's Decision